๐ Bitcoin Daily ๐
$BTC crossed all the highs left from 7 months consolidation and didn't reach ATH by tiny 0.3% ๐๐ผ That will be very cruel, if BTC won't get there before any sort of pullback move. Seems impossible now. But on the other hand, isn't that what market supposed to do - crash majority's expectations? But....
Respect the momentum. Day candle closed bullish and gained enough momentum to push #BTC price higher. Sure, that can be a local top, but to say that we should wait for that momentum to slow down which will result in doji/red candles on daily. But while we have strong bullish candles only, no sense in looking for the top.
The only thing that gives me cautious vibes is that Thursday will be the last day of this month and so Friday opens new month candle. I expect November to continue bullish momentum started in October, but before growing to 80-100k, BTC can dip to create a tiny small buy tail down to 69-70.5k
P.S. There is also a 1H #Bitcoin CME gap at 67435-68185 - I don't usually zoom in that far, ignoring all gaps below Daily. But nevertheless worth mentioning.
Nearest liquidity pools:
above - 73252 / 73785 / ATH
below - 71652 / 71180 / 70467 / 69756